QTS Targets Gigawatt-Scale AI Expansion with New Texas Campus
QTS Data Centers and Lancium announced plans to develop a new hyperscale data center campus in Hall County, Texas, representing ...
In Focus: QTS
QTS Data Centers PRIVATE COMPANY • BLACKSTONE PORTFOLIO COMPANY Hyperscale and enterprise data center developer and operator supporting cloud, AI infrastructure, enterprise, and government workloads across the United States and Europe. PROFILE UPDATED: JULY 2026 | |
| Overview | QTS Data Centers designs, develops, owns, and operates large-scale data center campuses for hyperscale cloud platforms, AI computing environments, enterprises, and government customers. QTS is privately held as part of Blackstone and operates across major U.S. and European data center markets. |
| Why It Matters | QTS is a significant platform for hyperscale cloud and AI infrastructure deployment. Its campuses are built around large power requirements, phased capacity expansion, network connectivity, and long-term development pipelines. |
| Founded | 2003 |
| Headquarters | Overland Park, Kansas, USA |
| Ownership | Privately held portfolio company of Blackstone. QTS Realty Trust was acquired by Blackstone in 2021 in a transaction valued at approximately $10 billion, including debt. |
| Leadership | David Robey • Co-CEO Tag Greason • Co-CEO |
| Core Technologies | Hyperscale Data Center Campuses • AI Infrastructure • High-Density Computing • Data Center Power Infrastructure • Advanced Cooling • Carrier-Neutral Interconnection • Cloud Connectivity |
| Key Products / Platforms | Hyperscale Data Centers Colocation Cloud Connectivity Interconnection Services Service Delivery Platform |
| Major Milestones | QTS completed its initial public offering in 2013 and expanded through acquisitions and large-scale campus development. Blackstone acquired QTS in 2021. In 2025, founder Chad Williams stepped down as CEO, and David Robey and Tag Greason were appointed Co-CEOs. |
| Recent Development | In July 2026, QTS terminated its planned participation in the Prince William Digital Gateway data center development in Virginia and withdrew associated filings. QTS said Virginia remains an important market, citing continued investment in Northern Virginia and the Richmond region. |
| Target Markets | Hyperscale Cloud AI Infrastructure Enterprise Government Digital Infrastructure |
| Editorial Coverage | Converge Digest tracks QTS developments related to hyperscale data center construction, AI infrastructure capacity, power procurement, advanced cooling, digital infrastructure investment, expansion into new markets, and regulatory and community issues affecting large-scale data center development. |
| Industry Context | QTS operates in the hyperscale and colocation data center market alongside companies including Equinix, Digital Realty, Vantage Data Centers, CyrusOne, STACK Infrastructure, Compass Datacenters, and NTT Global Data Centers. Competition increasingly centers on access to power, land, transmission infrastructure, cooling systems, and the ability to deliver multi-building campuses for AI and cloud customers. |
| Profile Updated | July 2026 |
| Related Knowledge Hubs | QTS • Data Centers • AI Infrastructure |
QTS Drops Digital Gateway Data Center Campus in VA
QTS ended its pursuit of the Prince William Digital Gateway data center project in Virginia after withdrawing its remaining appeals ...
QTS-Lumen Alliance Extends 400G+ to U.S. Hyperscale Campuses
QTS Data Centers and Lumen Technologies announced a major expansion of their partnership to build a next-generation digital backbone for ...
Blackstone Funds to acquire QTS for $10 billion
Investment funds managed by Blackstone will all outstanding shares of common stock of QTS Realty Trust for $78.00 per share ...
QTS moves to renewal energy in 4 more mega data centers
QTS Realty Trust announced that the following four additional data centers are now powered by renewable energy: QTS Hillsboro, QTS ...
DE-CIX brings its Internet Exchange to four QTS Mega Data Centers
DE-CIX has extended Internet Exchange platform by deploying core switches in QTS' mega-scale data centers in Chicago, Dallas/Irving, TX, Piscataway, ...
QTS reports on-going data center demand growth from hyperscalers
QTS Realty Trust, a leading colocation data center operator, reported consolidated revenues of $126.3 million for the quarter ended March ...
QTS deploys Ciena’s Waveserver Ai
QTS Realty Trust, which operates more than 6 million square feet of owned mega-scale data center space throughout North America, ...
QTS opens Mid-Atlantic Network Access Point (NAP) in Virginia
QTS Realty Trust has established a Mid-Atlantic Network Access Point (NAP) within its 1.3 million square foot mega data center ...
QTS plans mega data center campus in Ashburn
QTS Realty Trust has kicked off development a mega data center campus in Ashburn, Virginia. Phase 1 of its multi-tenant ...
QTS and Canonical Collaborate on Private OpenStack Cloud
QTS Realty Trust, which owns, operates or manages more than 5 million square feet of data center space and supports ...
QTS Opens Mega Data Center in Former Chicago Sun-Times Bldg
QTS Realty Trust opened a new mega data center at 2800 S. Ashland Avenue in downtown Chicago. QTS transformed the ...
QTS Signs Big Cloud Customer for DFW Mega Data Center
QTS Realty Trust confirmed that one of the world's largest cloud provider companies has doubled its custom data center agreement ...
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